Mother of All Financial Crashes, page-57

Might just be a dead cat bounce. If I understand correctly, the panic selling of global risky assets aka stocks was driven by the yen carry funding free money jammed into capital and divvy asset class from bonds upwards outside Japan. Other highlighted to observe oil and when oil in yen value starts to spike your average Mrs Nakamoto will tighten even further the purse strings of spendings. The oil in yen terms will trigger more inflation that will force BoJ to raise rates. You have to admit after no experience of such actions for 3 decades, I don't think they know the consequences.

If they don't defend the yen weakness, inflation will continue and bring on rate rise. The fuel is the Nasdaq big 7 valuation and if you compare the UsdJpy rally to the Nasdaq it is identical, ditto the day of the UJ selloff. Intel is setting off alarm bells in this sector including Dell.

Although it does look like a dip buy opportunity, Im not so certain yet. In Nov, a Trump victory could throw in the flame thrower of trade tariff war.

So much to look forward to if one likes volatility, not me, and round the corner the Raytheon's wet dreams are coming alive as the war mongers are eyeing another capitalistic opportunity hoping for Uncle Sam to enter the ME foray.

No money making opportunities like war!